Whether you own a rental property or are planning an apartment, you will know who is responsible for frequent maintenance problems before signing a rental agreement. Of course, if the tenant breaks something, that`s another story. You are not responsible for paying to repair a hole in the wall or a broken window because your tenants had a fight or a party and the apartment broke down. However, the tenant may choose to have the repair costs withdrawn from their deposit. It may be good for you to look at your lease from your tenant`s point of view. Would you be comfortable with all the conditions if you were a tenant? If you say no to part of your agreement, you should consider amending it. The maximum dollar amount that homeowners can charge for security deposits varies from country to country. Twenty-six states limit the dollar to a range of 1 to 3 months` rent and 24 states have no limit. In other words, each state requires that security deposits be returned to tenants at the end of the tenancy agreement. This is a mistake made by some homeowners that can have costly consequences. Even if it`s not necessarily something you`d include in your rental agreement, you should keep in mind that as an owner, you can`t unexpectedly enter a rental suite. Even if your tenant has texted you saying that your toilets don`t flush, you can`t just walk around with your sanitary tools.
If your tenant has caused serious and costly damage to the property that does not cover the deposit, you may be able to sue them because of the remaining cost of repairs. You need to check the specific landlord-tenant law in your state to be sure. The purpose of the development of these illegal clauses is to protect you and make your tenants happy. Litigation can be expensive and no one wants to be stopped in court over something that could easily be avoided with a clean and legal lease. Make sure that the tenant you have approved and signed the lease is the tenant who resides in the property. The owner has to deal with larger maintenance requests, for example. B a defective air conditioner, in due course or in violation of applicable laws between landlords and tenants or building and housing laws. However, the tenant has a responsibility to immediately notify the landlord of the major repairs required; If the cost of repair increases significantly due to the tenant`s inaction, the landlord can deduct the partial costs of repairs to the lease bail.
In some states, this is a matter of law, but it is best to inform the tenant that you can enter the property to show real estate experts, potential buyers, potential tenants and insurance agents.